Amid an increasingly volatile global environment, economic sanctions and geopolitical tensions are significantly transforming the field of international arbitration. This session will provide an analysis on how arbitrators, legal counsels, and arbitral institutions are addressing the challenges arising from complex and evolving sanctions regimes, jurisdictional restrictions, and enforcement challenges. The topic is highly relevant, given the growing use of sanctions in response to global conflicts, trade disputes, and shifting political alliances. The event is aimed at analyzing the effects of international relations on the conduct of arbitral proceedings and the enforcement of arbitral awards and exploring practical strategies for mitigating geopolitical risks within arbitration processes.